Tag: Comcast Corporation

Comcast Corporation has said it will no longer pursue its bid to acquire assets of 21st Century Fox and instead will focus on its offer for Sky.

Comcast Corporation has confirmed that it is "considering, and is in advanced stages of preparing," a bid to acquire the assets that 21st Century Fox has agreed to sell to The Walt Disney Corporation.

First-quarter revenue for NBCUniversal increased 21.3 percent to $9.5 billion, bolstered by the broadcasts of the PyeongChang Olympics and the NFL's Super Bowl.

Comcast Corporation has made an offer of $31 billion to buy Sky, challenging the bid from Rupert Murdoch's 21st Century Fox.

NBCUniversal has reported higher profit in the fourth quarter, thanks in part to a healthy performance at its cable networks.

NBCUniversal's revenue decreased 12.7 percent in the third quarter, facing a tough comparison against 2016's Rio Olympics, while adjusted EBITDA increased 6 percent.

NBCUniversal saw 17.3 percent revenue growth and 22.6 percent Adjusted EBITDA growth in its second quarter, with a particularly strong performance from its film unit.

NBCUniversal posted strong profits in the first quarter, with both cable and broadcast TV networks seeing solid gains.

PHILADELPHIA/NEW YORK: Fourth-quarter revenues at Comcast saw a 9.2-percent increase, while NBCUniversal's were up 13 percent, with gains at its cable, theme parks and broadcast TV segments.

NEW YORK: Revenues at NBCUniversal were down slightly in the second quarter due to weaker results from its film unit, despite gains in both its broadcast TV and cable networks businesses.